Sourcing, Avp
7 hours ago
**Job Title**:AVP - Category/Sourcing Manager
**Location**:Mumbai
Sound financial principles are at the core of everything we offer. That’s why Global Procurement is vital to the way we run our business. In a global marketplace that’s constantly evolving, being adaptable, decisive and precise is critical - and this is exactly the culture of our Global Procurement team.
We are a global function providing end-to-end strategic sourcing with robust category management and best-in-class source to pay (S2P) procurement operations. Together, we oversee all of Deutsche Bank’s third-party spend, globally. We’re united by a commitment to uncompromising quality, the development of talented people and a willingness to challenge ourselves and others.
Join us and you’ll be able to add real value as a business partner. We provide high-quality sourcing guidance and analytics to our businesses and infrastructure functions, measuring and analyzing performance and identifying areas to drive innovative change. This is a strategic group, where we look to control costs, optimize the selection and contracting of our vendor base, limit risk and strengthen our decision-making process.
**What we’ll offer you**
As part of our flexible scheme, here are just some of the benefits that you’ll enjoy
- Best in class leave policy
- Gender neutral parental leaves
- 100% reimbursement under childcare assistance benefit (gender neutral)
- Flexible working arrangements
- Sponsorship for Industry relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive Hospitalization Insurance for you and your dependents
- Accident and Term life Insurance
- Complementary Health screening for 35 yrs. and above
**Your key responsibilities**
In this role you will be accountable for delivering the sourcing vision and strategy across categories in India and support sourcing projects for APAC and MEA. You will also be accountable for supporting business goals and client needs, for a specified portfolio of complex sourcing interactions across the Business Function and support implementation of global initiatives in that space. You will also support the Country Sourcing Lead in India in leading the strategy into objectives and plans for implementation to deliver best-in-class strategic sourcing and category management in India and other markets as needed. The focus is on developing deeper commercial and cost discipline capability within the Bank, determining future opportunities to drive new behaviors in the business.
Manage and lead the execution and supporting the development of assigned categories, regional and divisional based sourcing processes for assessing and fulfilling current and future sourcing needs.
- Acting as process owner and champion for the strategic sourcing and consumption management processes in your area of spend.
- Managing complex sourcing deals, driving the supplier selection and negotiation process for key sourcing events.
- Take the lead in the development of annual and medium-term strategic plans, in collaboration with clients and colleagues, for all new sourcing projects, ensuring savings are built into budgets and the annual operating plan.
- Identifying specific sourcing projects / initiatives for the year including expected savings, resource requirements and associated timescales for completion.
- Ensuring clear alignment between sourcing objectives and the client’s short and long-term interests.
- Focusing on rationalizing the vendor base for a specified category and / or region whilst fostering supplier development through supporting the building of a world class internal vendor management capability, including driving common and shared standards of vendor management across the Bank.
- Executing strategies to extract supply-side savings and managing demand-side consumption in order to lower the Bank’s Total Cost of Ownership (TCO) for external spend as it relates to the specified category.
- Developing strong and productive working relationships with clients at mid to senior level.
- Building and maintaining a robust understanding of the client’s business strategy, key drivers and current issues to inform the development of product / service implementation strategies that will meet client needs and reflect external market trends, competition considerations, macro-economic factors and Deutsche Bank strategic direction.
- Highlighting operational, regulatory and other risks and taking ownership for sourcing issues and actively participating in their resolution.
- Implementation of innovative business change solutions including Deutsche Bank wide initiatives. Playing an active role in new product / service development, process and performance improvement initiatives, in order to deliver industrialised solutions and client optionality.
- Reinforcing the ‘Voice of the Customer (VOC)’ within the Division, conveying the key drivers and issues that impa
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